Autonomous Truck Market Size Worth USD 164.89 Billion by 2034 | CAGR: 14.6%

The autonomous truck market size is expected to reach USD 164.89 billion by 2034, according to a new study by Polaris Market Research. The report “Autonomous Truck Market Size, Share, Trends, Industry Analysis Report: By Autonomy Level, Sensor Type (Radar, LiDAR, Camera, and Ultrasonic), End Use, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The autonomous truck market refers to the industry focused on developing self-driving trucks that use advanced technologies like AI, sensors, and automation to transport goods without human intervention, enhancing efficiency and safety.

The growth of industries such as logistics, automotive worldwide is significantly driving the autonomous truck market. Industries are expanding, especially in sectors such as manufacturing, mining, and logistics, due to which the demand for efficient and cost-effective transportation solutions is rising. Autonomous trucks offer a solution by providing continuous, reliable, and optimized operations, reducing the need for human drivers and minimizing errors. These trucks help meet the increasing transportation demands while improving safety and reducing operational costs. Additionally, with the rise in e-commerce and the need for fast deliveries, the adoption of autonomous trucks is growing rapidly, leading to the rising autonomous truck market demand.

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Rising mining activities are significantly driving the autonomous truck market growth. In mining operations, there is a constant need to transport heavy materials over long distances, often in challenging environments. Autonomous trucks help meet these demands by offering reliable, efficient, and cost-effective transportation solutions. These trucks can work around the clock without the need for rest, improving productivity and reducing labor costs.

Autonomous Truck Market Report Highlights

• The radar segment is expected to register a significant CAGR in the global market during the forecast period due to its reliability and cost-effectiveness for long-range detection.
• The logistics segment dominated the autonomous truck market in 2024 due to the growing emphasis on cost savings and reliability in freight transportation.
• Asia Pacific is growing rapidly in the autonomous truck market due to industrialization, rising demand for efficient transport, heavy investments in technology, strong manufacturing, booming e-commerce, and government support for smart infrastructure and automation.
• In 2024, North America held the largest autonomous truck market revenue share due to the growth of the logistics industry.
• The global key market players are BMW AG; AB Volvo; Ford Motor Co.; General Motor Company; Robert Bosch GmbH; Delphi Automotive PLC; Uber Technologies Inc.; Tesla Inc.; Volkswagen AG; and Embark Trucks.

Polaris market research has segmented the autonomous truck market report based on autonomy level, sensor type, end use, and region:

By Autonomy Level (Revenue - USD Billion, 2020–2034)

• Level 1
• Level 2
• Level 3
• Level 4
• Level 5

By Sensor Type (Revenue - USD Billion, 2020–2034)

• Radar
• LiDAR
• Camera
• Ultrasonic

By End Use (Revenue - USD Billion, 2020–2034)

• Logistics
• Construction & Manufacturing
• Mining
• Port

By Regional Outlook (Revenue - USD Billion, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
  • Rest of Middle East & Africa

Autonomous Truck Market Report Scope